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Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading

Bitcoin bounced toward $49,000 on Wednesday as traders reacted to the U.S. Federal Reserve's decision to accelerate its stimulus withdrawal.…

3 years ago

Bitcoin Rises Toward $50K; Resistance Seen Around $52K

Bitcoin (BTC) held support around $46,000 and is attempting to reverse a short-term downtrend. Still, upside appears to be limited…

3 years ago

Block’s Cash App Launches Feature Allowing Users to Gift Bitcoin

Payments firm Block, formerly known as Square, will allow its Cash App users to gift as little as $1 in…

3 years ago

Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In

Bitcoin appears to have digested the U.S. Federal Reserve's impending hawkish, or anti-inflation, policy adjustment with a significant decline in…

3 years ago

Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks

A new exchange-traded fund (ETF) from crypto manager Valkyrie invests in companies with big bitcoin bags, according to a regulatory…

3 years ago

Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF

In a letter to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Coinbase urged the agency to approve NYSE…

3 years ago

Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps

Federal Reserve officials took steps to accelerate the withdrawal of the unprecedented monetary stimulus used to prop up markets in…

3 years ago

Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus

Bitcoin was trading little changed after the Bank of England delivered a surprise interest rate hike and the European Central…

3 years ago

What Is Bitcoin?

Bitcoin is the world's first successful decentralized cryptocurrency and payment system, launched in 2009 by a mysterious creator known only…

3 years ago

Former Marine and South Carolina Politician Raises $200M to Start Bitcoin Mining Company

Former U.S. Marine and 2018 candidate for South Carolina governor John Warren has started Gem Mining after raising over $200…

3 years ago